A closer look at the industrial owners selling to ICE
Deals with the agency can draw political pushback. Some are undeterred.
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Residential
South Florida
Inside Jeff Greene’s delayed West Palm Beach project
Billionaire developer’s big vision for One West Palm is “moving at a fast pace”
Politics
Los Angeles
Bernie Sanders hits Mark Zuckerberg’s resi portfolio in push for “billionaire tax”
Vermont progressive headlines LA rally, calls level of wealth “grotesque” and threats of exodus “disgusting”
Commercial
Los Angeles
Relevant’s Grant King hands back keys to Hollywood hotel
Lender LCP acquires Dream Hollywood hotel via deed in lieu of foreclosure on $38M debt
Commercial
South Florida
Nick Mastroianni sells portion of Harbourside Place for $58M
Investment manager and health care tech firm Voloridge is the buyer
Commercial
New York
Gencom shells out $320M for Ritz-Carlton Central Park South
Banco Inbursa provides $235M acquisition loan
Residential
Tri-State
Hamptons developer faces wave of default claims
Nonpayment lawsuit brings Jeremy Morton’s personally guaranteed debt to $5M
Commercial
New York
What to do about illegal subletters
Rent-stabilized tenants are renting out rooms. How bad is that?
Brand Studio
Form, function, and the art of restraint: Gaggenau’s Bauhaus-inspired Expressive series
Absolute beauty meets absolute function
Commercial
Chicago
LNR hits Rubin Schron, David Lowenfeld with foreclosure suit, claiming defaults on $342M in Chicago West Loop office loans
Owners of ground lease land beneath 300 South Riverside Plaza tower now face $167M complaint, while the property’s separate $175M loan is also allegedly unpaid by David Werner and Joseph Mizrachi
USIF Sues Fortress, L&L Over TSX Broadway
Fund claims developers wrongly handed keys to Goldman
Mark Nussbaum turns on former “bro” Tzali Chopp over unpaid debt
New legal filings reveal wild text messages with nursing home entrepreneur over alleged $3M loan
NYC’s top deals: Tavros Capital closes on Water Street dev site for $143M
TRD reports top transactions for Thursday, Feb. 19, 2026
The Daily Dirt: 50 days and 50 nights of Mamdani
Real estate takes stock of mayor’s promises and threats
City environmental agency relocates next to polluted waterway
DEP taking 155K sf at Innovo’s Long Island City property
Brooklyn townhouse development darling expands to Manhattan
Eckstrom partners with Compass agent Carl Gambino on five-property portfolio
Turnberry dangles $100K fee for Singer Island high-rise condo project
Developer requested zoning code change that swaps setbacks for donations in a case that could affect other developments
Derek Jeter sells Coral Gables mansion for double his purchase price
Former Yankees shortstop is building a waterfront home nearby
Max Scherzer lists custom Jupiter home for $36M after Hobe Sound curveball
MLB pitcher and his wife bought Admiral’s Cove teardown for $15M
Jury awards $8M in shoddy construction suit, but case was settled first
AHS Development, Resia Construction found negligent in building seven-story Dania Beach apartments
Louisiana developer lands $250M debt to build student housing at FIU
Provident Resources secured massive tax-exempt bond, plus $10M mortgage from city of Sweetwater
South Florida’s top deals: Related Ross pays $32M for West Palm Beach condo dev site
TRD reports the most important transactions for Thursday, Feb. 19, 2026
Videos
How real estate brokers scrambled to get inside the Epstein house
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Landlord calls for NYC property owners to stop paying taxes
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Are the Chicago Bears moving to Indiana? #shrots
Wrong address? Sources say Mark Zuckerberg isn’t buying Jersey Mike’s founder’s home #shorts
Sam Altman’s OpenAI adds 223K sf to Seattle office footprint #shorts
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Recap: Week 2 of the Alexanders' trial
CEO Robert Reffkin has made Compass a megaforce. What's next? #shorts
Boca Raton is at war over a mega development | #shorts
Inside the Alexander brothers’ defense machine | #shorts
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Richard A.C. Coles on how Jamie Dimon helped lead NYC’s comeback #shorts
The weather is cold, but the #Hamptons market is hot #shorts
Big Money, Big Buildings: Richard A. C. Coles on Institutional Real Estate | Salon Series
Bernie Sanders hits Mark Zuckerberg’s resi portfolio in push for “billionaire tax”
Vermont progressive headlines LA rally, calls level of wealth “grotesque” and threats of exodus “disgusting”
NorthPoint sells 100 acres in Lancaster for planned 400K sf manufacturing facility
Antelope Valley emerges as new industrial hotspot in LA County
RBM eyes former Rancho Park restaurant for housing, retail
Developer utilizing density bonus in projects across LA’s Westside
Relevant’s Grant King hands back keys to Hollywood hotel
Lender LCP acquires Dream Hollywood hotel via deed in lieu of foreclosure on $38M debt
Proposed billionaire tax “icing on cake” of resi headwinds in California
LA agents point to proposed tax on top of ULA, Hollywood contractions and insurance headaches as spurs for flight
Irvine locals raise big stink over Brookfield’s landfill-adjacent housing plans
City requires new Gateway Village residents to surrender right to sue trash site
Go Bears: Indiana advances stadium plan to lure team across state line
House committee backed bond-financed authority, as Illinois effort stalls
Chicago multifamily prowess expands to southeast Wisconsin as Santefort drops $100M on deals
Two recent multifamily sales point to growing demand in Midwest market
@properties launches renovation financing program for Chicago home sellers
Brokerage is partnering with fintech Notable to offer up to $50K for property improvements, repaid at closing
Gap eyes Magnificent Mile comeback in Chicago with 8K sf lease
Retailer in talks with Ashkenazy Acquisitions and Aurora Capital Associates for space at 700 North Michigan Avenue, as corridor’s vacancy tightens
City of Chicago selects DL3’s proposed 25-story ACōDA building for Loop garage site
300-unit mixed-income project would rise next to CTA hub on Plymouth Court
Chicago green-lights $3B Foundry Park, reviving former Lincoln Yards site
JDL, Kayne Anderson won zoning approval from the City Council for the 3,200-unit megaproject, as infrastructure questions linger
Bernie Sanders hits Mark Zuckerberg’s resi portfolio in push for “billionaire tax”
Vermont progressive headlines LA rally, calls level of wealth “grotesque” and threats of exodus “disgusting”
SF church site once proposed for housing heads to foreclosure
Forge Development defaulted on nearly $7M loan last year
Saks aims to stop Simon shutdown of Palo Alto store
Luxury retailer closing locations across country after Chapter 11 bankruptcy filing last month
Concord Tech Center offices sell for $45M after falling into receivership
Loan defaults send office properties across Bay Area into distress sales
SF’s Union Square hums back to life with return of AT&T, The RealReal stores
Retailers set to reopen spaces shuttered in 2023
SF’s new Family Zoning law faces opposing lawsuits from residents, pro-housing groups
Mayor Lurie’s plan predicted to fall far short of state-mandated production goals
San Antonio
GenCap scores $47M refi for apartments in San Antonio growth zone
Nearby Alamo Ranch’s population grew by 50% between 2018 and 2025
Houston
Houston’s housing markets diverge
Homes in luxury neighborhoods appreciated last year while the overall median sale price fell
San Antonio
San Antonio-based Casey Development files for bankruptcy, as $196M debt squeeze mounts
Central Texas developer and property owner moves to halt loan accelerations from regional lenders
Austin
NXP leases Northwest Austin campus, as its 155-acre headquarters hits market
Chipmaker takes 225K sf at Champion Office Park while trying to sell its Oak Hill site
BH Properties nabs five headquarter leases in first year of owning suburban Dallas office park
Occupancy at 375K sf R&D at Legacy now 72%
Trademark’s $100M Lincoln Square redevelopment advances with $24M grant from Arlington
Project will include upgrades to infrastructure, facades, parking lots and entryways, demolishing a small portion of existing retail and potentially add a new office building
A closer look at the industrial owners selling to ICE
Deals with the agency can draw political pushback. Some are undeterred.
Thomas Pritzker steps down as Hyatt executive chairman amid Epstein fallout
Billionaire heir cites “terrible judgment” in maintaining ties
CMBS delinquencies hit record, lenders abandon “extend and pretend”
Office distress deepened with $25B in loans past maturity
Two witnesses, one Hamptons weekend: Inside the third week of Alexanders’ trial
Oren, Alon and Tal’s sex trafficking trial will resume Tuesday, Feb. 24
Seattle
Bill Gates offloads part of Seattle-area compound a week after listing it for nearly $5M
Billionaire Microsoft founder has been trimming Xanadu 2.0 compound holdings in recent years
Denver
Holland Partner Group looks to turn shuttered Denver-area gym into 325 apartments
South end of metro sees more commercial properties poised for resi redevelopment
Seoul luxury housing market to lead global price growth in 2026: Savills
Chinese high-end homes expected to continue two-year value tumble
Olympic glow fuels Milan’s luxury housing boom in Italy
Prices at records, penthouses rule, districts cash in ahead of Winter Games
Alphabet eyes 2.4M sf office expansion in Indian tech capital
OpenAI, Anthropic among US companies growing in South Asian country
Iran Supreme Leader’s son tied to global property web
Inside Mojtaba Khamenei’s overseas real estate empire as protests rage
Cyberattack crushes London housing market
Thousands of sales in jeopardy in Westminster, Chelsea, Kensington
Tokyo condo prices reach record high as supply shrinks, construction costs balloon
Broader market on upswing after 2024 decline in new condo prices
National
No more exits: The $77B "hard maturity" wall hitting CMBS
Total debt without extension options larger than in 2024, 2025
National
Data centers power REIT comeback after 2025 slump
Publicly traded REITs are up 9.2 percent year-to-date, outperforming the S&P 500, DJIA
National
Mortgage delinquencies tick up as affordability strains homeowners
MBA reports rise in loans 60 and 90+ days overdue
National
Buyers have the upper hand in every major metro — except one
Most major markets have tilted firmly in buyers’ favor in Q4
New York
NYC residential foreclosures climbed 8% in 2025
The Bronx recorded highest annual growth in new filings, per PropertyShark
Los Angeles
Focus on TRD Data: Priciest home sales in Mar Vista in 2025
Los Angeles
Proposed billionaire tax “icing on cake” of resi headwinds in California
LA agents point to proposed tax on top of ULA, Hollywood contractions and insurance headaches as spurs for flight
New York
Brooklyn townhouse development darling expands to Manhattan
Eckstrom partners with Compass agent Carl Gambino on five-property portfolio
South Florida
South Florida’s top deals: Related Ross pays $32M for West Palm Beach condo dev site
TRD reports the most important transactions for Thursday, Feb. 19, 2026
New York
NYC’s top deals: Tavros Capital closes on Water Street dev site for $143M
TRD reports top transactions for Thursday, Feb. 19, 2026
Seattle
Bill Gates offloads part of Seattle-area compound a week after listing it for nearly $5M
Billionaire Microsoft founder has been trimming Xanadu 2.0 compound holdings in recent years
South Florida
Max Scherzer lists custom Jupiter home for $36M after Hobe Sound curveball
MLB pitcher and his wife bought Admiral’s Cove teardown for $15M
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New York
City environmental agency relocates next to polluted waterway
DEP taking 155K sf at Innovo’s Long Island City property
Los Angeles
Irvine locals raise big stink over Brookfield’s landfill-adjacent housing plans
City requires new Gateway Village residents to surrender right to sue trash site
Texas
BH Properties nabs five headquarter leases in first year of owning suburban Dallas office park
Occupancy at 375K sf R&D at Legacy now 72%
South Florida
South Florida’s top deals: Related Ross pays $32M for West Palm Beach condo dev site
TRD reports the most important transactions for Thursday, Feb. 19, 2026
New York
NYC’s top deals: Tavros Capital closes on Water Street dev site for $143M
TRD reports top transactions for Thursday, Feb. 19, 2026
San Francisco
SF church site once proposed for housing heads to foreclosure
Forge Development defaulted on nearly $7M loan last year
South Florida
Louisiana developer lands $250M debt to build student housing at FIU
Provident Resources secured massive tax-exempt bond, plus $10M mortgage from city of Sweetwater
Texas
Trademark’s $100M Lincoln Square redevelopment advances with $24M grant from Arlington
Project will include upgrades to infrastructure, facades, parking lots and entryways, demolishing a small portion of existing retail and potentially add a new office building
South Florida
Turnberry dangles $100K fee for Singer Island high-rise condo project
Developer requested zoning code change that swaps setbacks for donations in a case that could affect other developments
Chicago
City of Chicago selects DL3’s proposed 25-story ACōDA building for Loop garage site
300-unit mixed-income project would rise next to CTA hub on Plymouth Court
New York
The Daily Dirt: City proposes rules for housing “fast track”
12 community districts will be singled out for approval option
Chicago
Chicago green-lights $3B Foundry Park, reviving former Lincoln Yards site
JDL, Kayne Anderson won zoning approval from the City Council for the 3,200-unit megaproject, as infrastructure questions linger